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The global Rail Wheels market was valued at 2397.78 Million USD in 2020 and will grow with a CAGR of 1.09% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flanges are only a last resort to prevent the wheels becoming derailed - they`re a safety feature. The Wheel tyre is coned and the rail head slightly curved. Ideally, the Wheel profile should be determined by agreement between the railway infrastructure owner and the rolling stock owner. Of course, it varies from place to place but it is rarely a simple angle. It`s usually a carefully calculated compound form. With respect to the rail angle, in the UK for example, it is set at 1 in 20 (1/20 or 0.05). In the US and France it`s usually at 1/40. Light rail systems operating over roadways will have special profiles.The rail wheel industry is related to the national economy so rail wheels` manufacturers are usually large companies. The leading players are NSSMC, Interpipe, OMK Steel. In each region, there are local suppliers dominate the market and they are working hard to seize more market by strengthening their sales and distribution networks. Based on the Rail Wheels application, the Rail Wheels market is sub-segmented into several major applications, like High speed, Freight Wagons, Passenger Wagons, Locos, etc. In 2018, Freight Wagons for a major share of 75.28%.
By Market Verdors:
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Durgapur Steel Plant
Amsted Rail
CAF
Comsteel
Masteel
Taiyuan Heavy Industry
Datong ABC Castings Company
Xinyang Tonghe wheels
Zhibo Lucchini Railway Equipment
By Types:
High speed
Freight Wagons
Passenger Wagons
Locos
By Applications:
OE Market
AM Market
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
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Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Rail Wheels Market Size Analysis from 2022 to 2027
1.5.1 Global Rail Wheels Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Rail Wheels Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Rail Wheels Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Rail Wheels Industry Impact
Chapter 2 Global Rail Wheels Competition by Types, Applications, and Top Regions and Countries
2.1 Global Rail Wheels (Volume and Value) by Type
2.1.1 Global Rail Wheels Consumption and Market Share by Type (2016-2021)
2.1.2 Global Rail Wheels Revenue and Market Share by Type (2016-2021)
2.2 Global Rail Wheels (Volume and Value) by Application
2.2.1 Global Rail Wheels Consumption and Market Share by Application (2016-2021)
2.2.2 Global Rail Wheels Revenue and Market Share by Application (2016-2021)
2.3 Global Rail Wheels (Volume and Value) by Regions
2.3.1 Global Rail Wheels Consumption and Market Share by Regions (2016-2021)
2.3.2 Global Rail Wheels Revenue and Market Share by Regions (2016-2021)
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.1.1 2016-2021 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
3.1.2 2016-2021 Major Manufacturers Performance and Market Share
3.2 Regional Production Market Analysis
3.2.1 2016-2021 Regional Market Performance and Market Share
3.2.2 North America Market
3.2.3 East Asia Market
3.2.4 Europe Market
3.2.5 South Asia Market
3.2.6 Southeast Asia Market
3.2.7 Middle East Market
3.2.8 Africa Market
3.2.9 Oceania Market
3.2.10 South America Market
3.2.11 Rest of the World Market
Chapter 4 Global Rail Wheels Sales, Consumption, Export, Import by Regions (2016-2021)
4.1 Global Rail Wheels Consumption by Regions (2016-2021)
4.2 North America Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.3 East Asia Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.4 Europe Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.5 South Asia Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.6 Southeast Asia Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.7 Middle East Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.8 Africa Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.9 Oceania Rail Wheels Sales, Consumption, Export, Import (2016-2021)
4.10 South America Rail Wheels Sales, Consumption, Export, Import (2016-2021)
Chapter 5 North America Rail Wheels Market Analysis
5.1 North America Rail Wheels Consumption and Value Analysis
5.1.1 North America Rail Wheels Market Under COVID-19
5.2 North America Rail Wheels Consumption Volume by Types
5.3 North America Rail Wheels Consumption Structure by Application
5.4 North America Rail Wheels Consumption by Top Countries
5.4.1 United States Rail Wheels Consumption Volume from 2016 to 2021
5.4.2 Canada Rail Wheels Consumption Volume from 2016 to 2021
5.4.3 Mexico Rail Wheels Consumption Volume from 2016 to 2021
Chapter 6 East Asia Rail Wheels Market Analysis
6.1 East Asia Rail Wheels Consumption and Value Analysis
6.1.1 East Asia Rail Wheels Market Under COVID-19
6.2 East Asia Rail Wheels Consumption Volume by Types
6.3 East Asia Rail Wheels Consumption Structure by Application
6.4 East Asia Rail Wheels Consumption by Top Countries
6.4.1 China Rail Wheels Consumption Volume from 2016 to 2021
6.4.2 Japan Rail Wheels Consumption Volume from 2016 to 2021
6.4.3 South Korea Rail Wheels Consumption Volume from 2016 to 2021
Chapter 7 Europe Rail Wheels Market Analysis
7.1 Europe Rail Wheels Consumption and Value Analysis
7.1.1 Europe Rail Wheels Market Under COVID-19
7.2 Europe Rail Wheels Consumption Volume by Types
7.3 Europe Rail Wheels Consumption Structure by Application
7.4 Europe Rail Wheels Consumption by Top Countries
7.4.1 Germany Rail Wheels Consumption Volume from 2016 to 2021
7.4.2 UK Rail Wheels Consumption Volume from 2016 to 2021
7.4.3 France Rail Wheels Consumption Volume from 2016 to 2021
7.4.4 Italy Rail Wheels Consumption Volume from 2016 to 2021
7.4.5 Russia Rail Wheels Consumption Volume from 2016 to 2021
7.4.6 Spain Rail Wheels Consumption Volume from 2016 to 2021
7.4.7 Netherlands Rail Wheels Consumption Volume from 2016 to 2021
7.4.8 Switzerland Rail Wheels Consumption Volume from 2016 to 2021
7.4.9 Poland Rail Wheels Consumption Volume from 2016 to 2021
Chapter 8 South Asia Rail Wheels Market Analysis
8.1 South Asia Rail Wheels Consumption and Value Analysis
8.1.1 South Asia Rail Wheels Market Under COVID-19
8.2 South Asia Rail Wheels Consumption Volume by Types
8.3 South Asia Rail Wheels Consumption Structure by Application
8.4 South Asia Rail Wheels Consumption by Top Countries
8.4.1 India Rail Wheels Consumption Volume from 2016 to 2021
8.4.2 Pakistan Rail Wheels Consumption Volume from 2016 to 2021
8.4.3 Bangladesh Rail Wheels Consumption Volume from 2016 to 2021
Chapter 9 Southeast Asia Rail Wheels Market Analysis
9.1 Southeast Asia Rail Wheels Consumption and Value Analysis
9.1.1 Southeast Asia Rail Wheels Market Under COVID-19
9.2 Southeast Asia Rail Wheels Consumption Volume by Types
9.3 Southeast Asia Rail Wheels Consumption Structure by Application
9.4 Southeast Asia Rail Wheels Consumption by Top Countries
9.4.1 Indonesia Rail Wheels Consumption Volume from 2016 to 2021
9.4.2 Thailand Rail Wheels Consumption Volume from 2016 to 2021
9.4.3 Singapore Rail Wheels Consumption Volume from 2016 to 2021
9.4.4 Malaysia Rail Wheels Consumption Volume from 2016 to 2021
9.4.5 Philippines Rail Wheels Consumption Volume from 2016 to 2021
9.4.6 Vietnam Rail Wheels Consumption Volume from 2016 to 2021
9.4.7 Myanmar Rail Wheels Consumption Volume from 2016 to 2021
Chapter 10 Middle East Rail Wheels Market Analysis
10.1 Middle East Rail Wheels Consumption and Value Analysis
10.1.1 Middle East Rail Wheels Market Under COVID-19
10.2 Middle East Rail Wheels Consumption Volume by Types
10.3 Middle East Rail Wheels Consumption Structure by Application
10.4 Middle East Rail Wheels Consumption by Top Countries
10.4.1 Turkey Rail Wheels Consumption Volume from 2016 to 2021
10.4.2 Saudi Arabia Rail Wheels Consumption Volume from 2016 to 2021
10.4.3 Iran Rail Wheels Consumption Volume from 2016 to 2021
10.4.4 United Arab Emirates Rail Wheels Consumption Volume from 2016 to 2021
10.4.5 Israel Rail Wheels Consumption Volume from 2016 to 2021
10.4.6 Iraq Rail Wheels Consumption Volume from 2016 to 2021
10.4.7 Qatar Rail Wheels Consumption Volume from 2016 to 2021
10.4.8 Kuwait Rail Wheels Consumption Volume from 2016 to 2021
10.4.9 Oman Rail Wheels Consumption Volume from 2016 to 2021
Chapter 11 Africa Rail Wheels Market Analysis
11.1 Africa Rail Wheels Consumption and Value Analysis
11.1.1 Africa Rail Wheels Market Under COVID-19
11.2 Africa Rail Wheels Consumption Volume by Types
11.3 Africa Rail Wheels Consumption Structure by Application
11.4 Africa Rail Wheels Consumption by Top Countries
11.4.1 Nigeria Rail Wheels Consumption Volume from 2016 to 2021
11.4.2 South Africa Rail Wheels Consumption Volume from 2016 to 2021
11.4.3 Egypt Rail Wheels Consumption Volume from 2016 to 2021
11.4.4 Algeria Rail Wheels Consumption Volume from 2016 to 2021
11.4.5 Morocco Rail Wheels Consumption Volume from 2016 to 2021
Chapter 12 Oceania Rail Wheels Market Analysis
12.1 Oceania Rail Wheels Consumption and Value Analysis
12.2 Oceania Rail Wheels Consumption Volume by Types
12.3 Oceania Rail Wheels Consumption Structure by Application
12.4 Oceania Rail Wheels Consumption by Top Countries
12.4.1 Australia Rail Wheels Consumption Volume from 2016 to 2021
12.4.2 New Zealand Rail Wheels Consumption Volume from 2016 to 2021
Chapter 13 South America Rail Wheels Market Analysis
13.1 South America Rail Wheels Consumption and Value Analysis
13.1.1 South America Rail Wheels Market Under COVID-19
13.2 South America Rail Wheels Consumption Volume by Types
13.3 South America Rail Wheels Consumption Structure by Application
13.4 South America Rail Wheels Consumption Volume by Major Countries
13.4.1 Brazil Rail Wheels Consumption Volume from 2016 to 2021
13.4.2 Argentina Rail Wheels Consumption Volume from 2016 to 2021
13.4.3 Columbia Rail Wheels Consumption Volume from 2016 to 2021
13.4.4 Chile Rail Wheels Consumption Volume from 2016 to 2021
13.4.5 Venezuela Rail Wheels Consumption Volume from 2016 to 2021
13.4.6 Peru Rail Wheels Consumption Volume from 2016 to 2021
13.4.7 Puerto Rico Rail Wheels Consumption Volume from 2016 to 2021
13.4.8 Ecuador Rail Wheels Consumption Volume from 2016 to 2021
Chapter 14 Company Profiles and Key Figures in Rail Wheels Business
14.1 NSSMC
14.1.1 NSSMC Company Profile
14.1.2 NSSMC Rail Wheels Product Specification
14.1.3 NSSMC Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.2 Interpipe
14.2.1 Interpipe Company Profile
14.2.2 Interpipe Rail Wheels Product Specification
14.2.3 Interpipe Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.3 OMK Steel
14.3.1 OMK Steel Company Profile
14.3.2 OMK Steel Rail Wheels Product Specification
14.3.3 OMK Steel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.4 EVRAZ NTMK
14.4.1 EVRAZ NTMK Company Profile
14.4.2 EVRAZ NTMK Rail Wheels Product Specification
14.4.3 EVRAZ NTMK Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.5 Bochumer Verein Verkehrstechnik (BVV)
14.5.1 Bochumer Verein Verkehrstechnik (BVV) Company Profile
14.5.2 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Product Specification
14.5.3 Bochumer Verein Verkehrstechnik (BVV) Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.6 Lucchini RS
14.6.1 Lucchini RS Company Profile
14.6.2 Lucchini RS Rail Wheels Product Specification
14.6.3 Lucchini RS Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.7 Rail Wheel Factory
14.7.1 Rail Wheel Factory Company Profile
14.7.2 Rail Wheel Factory Rail Wheels Product Specification
14.7.3 Rail Wheel Factory Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.8 GHH-Bonatrans
14.8.1 GHH-Bonatrans Company Profile
14.8.2 GHH-Bonatrans Rail Wheels Product Specification
14.8.3 GHH-Bonatrans Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.9 Durgapur Steel Plant
14.9.1 Durgapur Steel Plant Company Profile
14.9.2 Durgapur Steel Plant Rail Wheels Product Specification
14.9.3 Durgapur Steel Plant Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.10 Amsted Rail
14.10.1 Amsted Rail Company Profile
14.10.2 Amsted Rail Rail Wheels Product Specification
14.10.3 Amsted Rail Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.11 CAF
14.11.1 CAF Company Profile
14.11.2 CAF Rail Wheels Product Specification
14.11.3 CAF Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.12 Comsteel
14.12.1 Comsteel Company Profile
14.12.2 Comsteel Rail Wheels Product Specification
14.12.3 Comsteel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.13 Masteel
14.13.1 Masteel Company Profile
14.13.2 Masteel Rail Wheels Product Specification
14.13.3 Masteel Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.14 Taiyuan Heavy Industry
14.14.1 Taiyuan Heavy Industry Company Profile
14.14.2 Taiyuan Heavy Industry Rail Wheels Product Specification
14.14.3 Taiyuan Heavy Industry Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.15 Datong ABC Castings Company
14.15.1 Datong ABC Castings Company Company Profile
14.15.2 Datong ABC Castings Company Rail Wheels Product Specification
14.15.3 Datong ABC Castings Company Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.16 Xinyang Tonghe wheels
14.16.1 Xinyang Tonghe wheels Company Profile
14.16.2 Xinyang Tonghe wheels Rail Wheels Product Specification
14.16.3 Xinyang Tonghe wheels Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
14.17 Zhibo Lucchini Railway Equipment
14.17.1 Zhibo Lucchini Railway Equipment Company Profile
14.17.2 Zhibo Lucchini Railway Equipment Rail Wheels Product Specification
14.17.3 Zhibo Lucchini Railway Equipment Rail Wheels Production Capacity, Revenue, Price and Gross Margin (2016-2021)
Chapter 15 Global Rail Wheels Market Forecast (2022-2027)
15.1 Global Rail Wheels Consumption Volume, Revenue and Price Forecast (2022-2027)
15.1.1 Global Rail Wheels Consumption Volume and Growth Rate Forecast (2022-2027)
15.1.2 Global Rail Wheels Value and Growth Rate Forecast (2022-2027)
15.2 Global Rail Wheels Consumption Volume, Value and Growth Rate Forecast by Region (2022-2027)
15.2.1 Global Rail Wheels Consumption Volume and Growth Rate Forecast by Regions (2022-2027)
15.2.2 Global Rail Wheels Value and Growth Rate Forecast by Regions (2022-2027)
15.2.3 North America Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.4 East Asia Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.5 Europe Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.6 South Asia Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.7 Southeast Asia Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.8 Middle East Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.9 Africa Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.10 Oceania Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.2.11 South America Rail Wheels Consumption Volume, Revenue and Growth Rate Forecast (2022-2027)
15.3 Global Rail Wheels Consumption Volume, Revenue and Price Forecast by Type (2022-2027)
15.3.1 Global Rail Wheels Consumption Forecast by Type (2022-2027)
15.3.2 Global Rail Wheels Revenue Forecast by Type (2022-2027)
15.3.3 Global Rail Wheels Price Forecast by Type (2022-2027)
15.4 Global Rail Wheels Consumption Volume Forecast by Application (2022-2027)
15.5 Rail Wheels Market Forecast Under COVID-19
Chapter 16 Conclusions
Research Methodology
Research Methodology:
Rail Wheels Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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Total Market |
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